Swiss Life reports rising commission income
The figures presented by the life insurer last week showed that the expansion of commission-based business has paid off so far. Since the beginning of the year, Swiss Life has increased income from this business area by 13%. Thanks to the robust economic situation in Switzerland and the stable demand for real estate, Swiss Life has also been able to record appreciation gains on its properties - an important asset class for the company.
The share's dividend yield is likely to exceed 5%, depending on the share's performance. This makes it one of the highest among SMI members.
Thanks to stable core business, rising commission income and good investment business, among other things, ZKB Equity Research rates the share as "overperform".
Subscription deadline: November 18, 4:00 p.m.
Reverse Convertible on Swiss Life
Barrier Reverse Convertible on Swiss Life
Other products with insurance shares as underlyings
BRC on Zurich, Swiss Life, Swiss Re and Helvetia
BRC on Zurich, Allianz and AXA (CHF)
Selected Yield Enhancement Products with SMI Baskets
Callable BRC on Nestlé, Novartis, Roche, Zurich and Richemont
BRC on Lonza, Holcim and Nestlé
BRC on Sika, Zurich and Logitech
BRC on Sika, UBS and ABB
Disclaimer
This communication is for marketing purposes. It is neither an offer nor an invitation to submit an offer, to purchase or to subscribe to securities and does not constitute investment advice. You should consult your advisors before making an investment decision.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, financial condition, development or performance of the issuer to be materially different from any future results, financial condition, development or performance expressed or implied by such statements.
The present document has not been drawn up by the research department as defined in the rules of the “Directives on the Independence of Financial Research” published by the Swiss Bankers Association, hence these rules do not apply to this document.
If securities are mentioned in the communication, the base prospectus, the final terms and any key information document may be obtained free of charge from Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, VRIS, and from www.zkb.ch/finanzinformationen.
ZKB Callable Barrier Reverse Convertible on worst of The Swatch Group AG/Kering SA/Compagnie Financi... 130397675 / CH1303976752 |
ZKB Callable Barrier Reverse Convertible on worst of Moët Hennessy Louis Vuitton SE/Kering SA/Compag... 130398629 / CH1303986298 |
ZKB Barrier Reverse Convertible on worst of Adobe Inc/Estee Lauder Companies Inc 132910484 / CH1329104843 |
ZKB Barrier Reverse Convertible auf Enphase Energy Inc 134140977 / CH1341409774 |
8.75% ZKB Barrier Reverse Convertible, 24.12.2024 on worst of RDC GY/DOCM SE 132914203 / CH1329142033 |